XMD 1.17% 10,423 s&p/asx midcap 50

Yes Captain, mostly. All my trades are TA based. However FA is...

  1. 1,751 Posts.
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    Yes Captain, mostly.

    All my trades are TA based.

    However FA is firstly a filter as to what gets on my watch list. E.g. I remember Forge Group gave a technical entry signal on the Chart the week it went broke. But i under stood it was on the way out so didn't trade.

    FA is also Validation. E.g. If chart says it's going up I like to have a feel as to why fund managers might be buying it.

    But i never confuse the two and the chart always wins out. I also no longer do any valuation or the "analysis" bit even though quite capable of doing so. I just want a feel for the big picture FA, such as competitive position, key drivers, interest rates AUD and the like.

    (Note I've tried hard all day to resist responding to Hera's post above. I have an essay in my head I could write. But it's a bit like discussing religion. It's never ending)
 
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